Coalition Pursuing Sound Fiscal Policy

Excerpt

Generally, the coalition has taken a position of supporting the findings and recommendations of the Simpson-Bowles Commission.

Those recommendations include capping domestic and military spending and reforming an expensive and inefficient tax code in a way that would eliminate about $1 trillion in tax preferences that favor specific categories of individual taxpayers, companies or industries.

The Concord Coalition, Hansen said, sees a pressing need to reduce health care costs, which now are at least twice as high in the United States as any other country.

But the most important component, Hansen said, is getting the public and lawmakers to realize the importance of restructuring “absolutely unsustainable” entitlement programs such as Social Security, Medicare and Medicaid.